A loan of $525 helped a member to buy products such as: rice, sugar, beans, butter, soap, salt, candies, soft-drinks, among others.


Telica Abajo Group's story

Francisca is 38 years old, member of the communal bank Telica Abajo, married and has six children. Her husband makes a living from farming. She started the business two years ago, with a small loan started buying household products to sell. Little by little with the profits, she bought more products until she open a general store. She learned from her parents, whom make a living in the business.

She opens from 5:00am to 10:00pm. Her advantage is that there is no competition as a result has many customers. One of her difficulties is that she has to travel to the city to buy the merchandise because the providers don’t come to her community.

She is requesting a loan to buy products such as: rice, sugar, beans, butter, soap, salt, candies, soft-drinks, among others. With the help of this loan, she will have a wider product offering to offer to her customers all what they need. Her goal is to grow the store and have a wider product offering to satisfy her customer’s needs and with the profits cover her family expenses.

Francisca has requested three loans at FAMA (Field Partner) and has cancelled all her quotas punctually.

In this group: Aida Del Carmen , Francisca Evelia

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Translated from Spanish by Kiva volunteer Alberto Jaramillo



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